In a report released today, Brent Thielman from D.A. Davidson maintained a Buy rating on Concrete Pumping Holdings (BBCP – Research Report), with a price target of $11.00. The company’s shares closed last Friday at $7.80.
According to TipRanks, Thielman is a top 100 analyst with an average return of 21.2% and a 69.06% success rate. Thielman covers the Industrials sector, focusing on stocks such as EMCOR Group, Granite Construction, and Valmont.
Concrete Pumping Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $9.50, a 21.79% upside from current levels. In a report released on March 8, Stifel Nicolaus also maintained a Buy rating on the stock with a $9.00 price target.
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Based on Concrete Pumping Holdings’ latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $97.71 million and a GAAP net loss of $3.83 million. In comparison, last year the company earned a revenue of $93.58 million and had a net profit of $6.48 million
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Concrete Pumping Holdings (BBCP) Company Description:
Concrete Pumping Holdings, Inc. engages in the provision of concrete pumping services and concrete waste management services. Its brands include US Concrete Pumping-Brundage-Bone, UK Concrete Pumping-Camfaud, and Concrete Waste Management Services-Eco-Pan. The company was founded in 1983 and is headquartered in Thornton, CO.
Read More on BBCP:
- Concrete Pumping cuts FY24 revenue view to $460M-$480M from $465M-$490M
- Concrete Pumping reports Q1 EPS (8c), consensus 5c
- Concrete Pumping Holdings Reports First Quarter Fiscal Year 2024 Results
- BBCP Earnings this Week: How Will it Perform?
- Concrete Pumping Holdings Sets First Quarter 2024 Earnings Conference Call for Thursday, March 7, 2024
